2023 KWD to BTN Historical Review

YEARLY HIGH

272.0761 BTN

YEARLY LOW

264.4206 BTN

YEARLY AVERAGE

268.6158 BTN

2023 KWD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 272.0761. Conversely, the yearly low was recorded on April 30, dropping to 264.4206.

This high-to-low spread represents a total annual volatility of 7.6555 BTN. From a start-to-finish perspective, comparing the January average rate of 267.7837 to the December average rate of 270.6313, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 272.0761 was up 0.42% compared to the 2022 peak of 270.9378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 1,360,381 BTN

2022 Average 1,282,443 BTN

Yearly Trough Low 1,322,103 BTN

Transaction Impact: A difference of 38,277.42 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

270.9664

266.9445

JanuMarcMayJulySeptNove

KWD to BTN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 268.1240, compared to 269.1075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9835 points.

H1 Avg (Jan–Jun) 268.1240

H2 Avg (Jul–Dec) 269.1075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.1535 BTN (High: 270.7089 / Low: 265.5554). On the other end, October was the most stable month, with a tight range of 1.5979 BTN (High: 269.4191 / Low: 267.8212).

January Spread (Volatile) ±5.1535

October Spread (Stable) ±1.5979

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6856 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 270.6313) against the same month in 2022 (average: 269.0342), the exchange rate shifted by +1.5970 (+0.59%).

2023 Avg (December) 270.6313

2022 Avg (December) 269.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.7089	265.5554	267.7837
February	271.4821	268.2360	269.8686
March	269.8953	265.4056	268.1830
April	268.6859	264.4206	267.2797
May	269.5745	266.3682	268.1102
June	268.9504	265.3502	267.5190
July	270.3758	266.2383	267.6481
August	271.0385	267.2310	268.9023
September	269.7088	267.7369	268.8657
October	269.4191	267.8212	268.8766
November	270.4669	268.3200	269.7211
December	272.0761	269.7083	270.6313